From Mohd Shukri Ishak
SEOUL, Nov 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim held a meeting today with several family-owned business tycoons, locally known as "chaebols", as part of efforts to attract more foreign direct investment (FDI) into Malaysia.
Chaebols are representatives of large, family-owned industrial conglomerates in South Korea, which have traditionally enjoyed close ties with the government.
Federal support for these entities began after the Korean War as part of efforts to rebuild the nation's economy.
Anwar, the Finance Minister, is also scheduled to hold one-on-one meetings starting at 9.00 am (South Korea time) with major corporations, including Samsung Group, SK Nexilis, POSCO Group and Lotte International.
These discussions align with Malaysia's strategy to secure 'high-value, high-growth' investments from the Republic of Korea.
-- BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
